The Financial Sector Transformation Council is a non-profit company constituted in terms of the Financial Sector Code, gazetted under section9(1) of the Broad-Based Black Empowerment Act 64 of 2013.
It is mandated through its constituencies which are the Trade Associations, Government, Nedlac Organised Labour (Labour), Nedlac Organised Community (Community) and the Association of Black Securities and Investment Professionals (ABSIP), to enforce the Financial Sector Transformation Code.
To influence relevant legislation and oversee the implementation of the FS Code as gazetted under section 9(1) of the B-BBEE Act 53, 2003, in order to have a transformed society.
To be the most powerful driving force behind a transformed, transparent and accessible financial services sector in South Africa.